Owners and managers of street and area lighting need high quality, reliable information to support informed decisions about Smart Lighting and Smart City-related projects.
The Benefits of Smart Street Lighting
The economic benefits described in this paper include:
- A cash-flow positive 3.9 year project payback and 20-year value of $9.3m for metered streetlighting rate plans
- A cash flow positive 7.1 year project payback and a 20-year value of $3.6m for unmetered streetlighting rate plans
- A 70% cost reduction in total operating costs of streetlighting for metered streetlighting rate plans
- A 45.6% cost reduction in total operating costs of streetlighting for unmetered streetlighting rate plans
In addition, Tondo’s Smart Lighting leverages city roadway and area lighting to provide a city-wide platform for Smart Infrastructure connectivity, enabling cities to deploy a wide range of Smart City applications for improved services delivery and operations.